Trump’s Iran war: Economic rescue mission for U.S. capitalism?

US Imperialist War in Iran Looks Like an Economic Rescue Mission

U.S. Navy/PhoM1 Brien Aho – Public Domain The question of why the U.S. government began a war with Iran is unsettled. The ostensible reasons, blocking Iran from developing nuclear weapons and protecting Iranians’ human rights, are not enough. Iran’s agreement not to build a nuclear arms program was in force from 2016 to 2020, when the U.S. rejected it. The U.S. and Israel attacked Iran’s nuclear facilities in June 2025. Immediately prior to the …

Trump’s Iran war: Economic rescue mission for U.S. capitalism?

The question of why the U.S. government began a war with Iran is unsettled. The ostensible reasons, whether stopping Iran from developing nuclear weapons or protecting Iranians’ human rights, are not believable. Iran mostly likely not was developing nuclear weapons. There had been Iran’s closely-monitored agreement in force from 2016 to 2020 not to do so, the U.S.-Israeli bombing attack on nuclear facilities in June 2025, and Iran’s reported agr…

Iran War Brings Economic Chaos – How Can Workers Fight Back?

Just under a year ago, John Healey, Labour’s Defence Secretary in Britain, visited a munitions factory. There, he made a speech extolling the virtues of a dawning new era of ‘military Keynesianism’. Slashing overseas aid budgets and “reinforcing the British industrial base” would lead to “more jobs in every part of the UK”, or so he claimed. In a typically unconvincing Starmerite performance, we were asked to believe that the ratcheting up of in…